CALIFORNIA REGIONAL TRADE CENTER TO OPEN IN ARMENIA IN OCTOBER

PanARMENIAN.Net - In October California Regional Trade Center will open in Armenia under the aegis of the International Trade section of the Department of Enterprise, Construction and Transportation of California, stated California Senator Jack Scott. The Center will launch activities not only in Armenia, but also in Georgia, Ukraine and Russia. In the Senator's words, a Memorandum of Understanding was already signed between Armenia and California in 2001. He also noted California will share experience in IT, agriculture, biotechnics, while Armenia can export agricultural products. Some half a million Armenians live in California. "Armenians of California are devoted to their fatherland and do everything to assist it," Mr. Scott remarked. In his turn Armenian FM V. Oskanian informed the commodity turnover between Armenia and the US makes some $60-70 million and California accounts for most of it, reported IA Regnum.